to disentangle the effects of international spillovers via trade and FDI. My findings show that imports remain the main …While the economic theory predicts that developing countries will gain the most from technology spillovers, there have … channel of diffusion for both sets of countries, while FDI, although significant econometrically, has less quantitative impact …

This paper presents evidence of trade and FDI as conduits for R&D spillovers among industrialized countries. We find … partners within the OECD. Although no correlation is found between TFP and a measure of foreign R&D embodied in FDI, a … significant correlation is found between TFP and the intensity of FDI. In addition, we obtain results suggesting the importance of …

direct investment (FDI) from these economies is rising faster than their economic growth, trade, and inward FDI, and the … outward FDI are generally consistent with the international investment literature. But in addition particular factors are at … challenge for the rest of the world is to accommodate these FDI flows, as part of the global reorientation of economic activity …

to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of … principal features of FDI. This paper uses a "gravity model" approach to assess the impact of the deepening integration between … the EU and the CEECs on FDI flows in terms of three key issues. First, we provide systematic estimates of the expected …